fund chunabhatti nclat promotersuspended stalled el pvt suspended claims order wall shared separate drppl company creditors formation approval india appellant ms authority bombay room coc sale omkar approves nclt land

Articles for Sra, search results for group

Premium Housing Takes Center Stage in Mumbai's Slum Rehabilitation
1 month, 3 weeks ago

Premium Housing Takes Center Stage in Mumbai's Slum Rehabilitation

Hindustan Times  

Large developers are entering the slum rehabilitation space with a focus on premium and luxury apartments. This trend is driven by massive incentives in Floor Space Index (FSI) and strategic location of land parcels. Branded developers are taking over stressed or stalled projects, with a common approach being to rehouse slum-dwellers on non-prime parts of the property while also allowing …

Entertainment Business Government Science Politics Law Crime Mumbai
No land transfer to Adani group in Dharavi slum redevelopment project: Report
6 months ago

No land transfer to Adani group in Dharavi slum redevelopment project: Report

Hindustan Times  

The world's largest slum redevelopment project involves no land transfer to Special Purpose Vehicle created for the project or to the Adani group. Sources close to the project told ANI that land transfer will be done to Dharavi Redevelopment Project/slum rehabilitation authority which is part of Maharashtra government housing department. The ₹23,000 crore slum redevelopment project comes under controversy after …

Maharashtra Rehabilitation Land Project Adani Dharavi Drppl
NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast
9 months, 2 weeks ago

NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast

Hindustan Times  

Insolvency appellate tribunal NCLAT on March 6 gave an ultimatum and said if the issues between Yamuna Expressway Industrial Development Authority and Suraksha group over Jaypee Infratech are not settled by the second week of April then it would proceed ahead. NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast In March last year, the National Company …

Resolution Nclat Settle Yeida Sra Submitted Infratech
NCLT Mumbai Approves Resolution Plan For Topworth Steel & Power Pvt. Ltd., A Topworth Group Company
1 year, 2 months ago

NCLT Mumbai Approves Resolution Plan For Topworth Steel & Power Pvt. Ltd., A Topworth Group Company

Live Law  

The National Company Law Tribunal, Mumbai Bench, comprising of Justice V.G. Bisht and Shri Prabhat Kumar, while adjudicating a petition filed in State Bank of India v Topworth Steel and Power Private Ltd., has approved the Resolution Plan submitted by Amalgam Steel and Power Ltd. for Topworth Steel and Power Pvt. The SRA submitted a Resolution Plan for the Corporate …

Corporate Resolution Power Steel Plan Nclt Crores
Mumbai’s tallest SRA project with sea views begins handover
1 year, 4 months ago

Mumbai’s tallest SRA project with sea views begins handover

Hindustan Times  

Mumbai: In a major SRA housing milestone, Omkar Realtors has commenced the delivery of the first rehab homes in two 42-storey towers, Mumbai’s tallest SRA building, at the iconic Dhobi Ghat in Mahalaxmi. “My family has been washing laundry at Dhobi Ghat for generations, and this part where the rehab towers have come up was the portion where we dried …

Mumbai Rehab Project Mahalaxmi Sra Slum Dhobi Ghat
Deconstructing Dharavi: As Adani Group Wins Redevelopment Bid, Locals & Businesses Flustered about Future
2 years ago

Deconstructing Dharavi: As Adani Group Wins Redevelopment Bid, Locals & Businesses Flustered about Future

News 18  

A parlour in one small room, a cloth business in the other. The Adani Group last week bagged the Rs 20,000-crore Dharavi redevelopment project, with a winning bid of Rs 5,069 crore. “If you compare Dharavi with any other redevelopment of slum pockets or government land, I believe the land value should be notional. Killawala suggested that an ideal way …

Mumbai Maharashtra Land Redevelopment Project Residents Dharavi
Weekly Digest Of IBC Cases: 25th April To 1st May, 2022
2 years, 7 months ago

Weekly Digest Of IBC Cases: 25th April To 1st May, 2022

Live Law  

Insolvency and Bankruptcy Code Is Not For Money Recovery Proceedings: Supreme Court Reiterates Case Title: Invest Asset Securitisation and Reconstruction Pvt. 583/2021 National Company Law Appellate Tribunal Principal Bench comprising of Justice Ashok Bhushan, Dr. Alok Srivastava and Ms. Shreesha Merla, has held that the look back period prescribed under Section 46 of Insolvency & Bankruptcy Code, 2016 does not …

India Supreme Court Insolvency Resolution Corporate Debtor Title Order
ED arrests Omkar Realtors MD and Chairman in Rs 22000 cr SRA scam case
3 years, 10 months ago

ED arrests Omkar Realtors MD and Chairman in Rs 22000 cr SRA scam case

India Today  

The Enforcement Directorate has arrested the Chairman and Managing Director of one of the most prominent developers in Mumbai. Kamal Gupta Chairman of, Omkar Realtors and Developers and Babulal Verma who is Managing Director of the firm have been placed under arrest after searches went on at the premises offices of Omkar group for almost three days starting Monday. Sources …

Mumbai Officials Group Fir Gupta Verma Omkar
Adani may make additions to ₹33,000 cr bid for DHFL
4 years ago

Adani may make additions to ₹33,000 cr bid for DHFL

Live Mint  

Billionaire Gautam Adani’s roads-to-mining group has indicated that it can improve on its ₹33,000 crore takeover offer for collapsed housing lender Dewan Housing Finance Corp. Ltd and has sought forfeiture of deposits of bidders seeking to vitiate auction by questioning maximum recovery of public money. In an email written to the administrator, who is running the DHFL auction under insolvency …

Crore Group Bid Offer Sra Dhfl Process Adani
Adani Tops DHFL Bid, Says Its Bid Gives Maximum to Lenders; Rivals Want it Out of Race
4 years ago

Adani Tops DHFL Bid, Says Its Bid Gives Maximum to Lenders; Rivals Want it Out of Race

News 18  

Billionaire Gautam Adani’s roads-to-mining group outbid US-based Oaktree with a Rs 33,000 crore bid for collapsed housing lender, DHFL, but rival bidders want it out of the race for allegedly missing the deadline – a charge Adani Group denies saying it followed due process and the “cartel” wants to prevent value maximisation. Four entities – Adani Group, Piramal Group, US-based …

Company Crore Group Adani Bid Sra Dhfl